According to the public record, 16, Bexley Gardens, Romford is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Bexley Gardens, Chadwell Heath, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
16, Bexley Gardens, Romford has 31 entries in the Land Registry database, most recently in June 2007 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Bexley Gardens Romford as £250,706 and the rental value as £1,313 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 16 Bexley Gardens Romford has increased by £756 (0.3%) and its rental value has increased by £66 per month (5.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Bexley Gardens, Romford is in very good condition we estimate a sale value of £263,241 and rental value of £1,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,156 and a rental value of £1,221 per month.
If you were able to purchase this property for the estimated value of £250,706, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,232 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 16, Bexley Gardens, Romford was last sold on 26 Jun 2007 for £165,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2007, the market for similar properties has risen 47.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Bexley Gardens, Romford within a radius of 490 metres over the last 2 years.
The most recent example is Flat 25, Norfolk Court, Glandford Way, Romford, RM6 4US, a Leasehold flat which sold for £247,500 in Mar 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bexley Gardens, Chadwell Heath, Romford, RM6 has a total of 34 addresses. According to our analysis of all the public data, 16, Bexley Gardens, Romford is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in RM6.
16, Bexley Gardens, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Bexley Gardens, Romford is Goodmayes station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Bexley Gardens, Romford, 29.5% of property is privately owned with a mortgage and 25.1% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Bexley Gardens, Romford, 28.4% of residents are recorded as possessing school level qualifications and 41.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Bexley Gardens, Romford, the average age was 40.6 and the most common age was 42.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Bexley Gardens, Romford, 0.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Bexley Gardens, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.